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When we talk about Public Sector Undertakings (PSUs) in India, a few special terms often pop up - Navratna, Miniratna, and Maharatna. Among these, Maharatna companies hold the highest status, representing the elite and most powerful PSUs in the country. These companies are the real champions of Indian industry, entrusted with significant autonomy to help boost economic growth and compete on a global scale. In this detailed article, we'll explore everything about maharatna companies, what they are, how they earn this prestigious status, the benefits they enjoy, and their immense impact on the Indian economy. We'll also look at the maharatna company list and understand what makes these companies stand out. What is Maharatna Company? Simply put, a maharatna company is a Public Sector Undertaking (PSU) in India that has demonstrated exceptional financial performance and operational efficiency. The term 'Maharathna' literally means 'great jewel,' symbolizing the highest level of autonomy and authority given to these companies by the government. | |
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